ROYAL SUTTON COLDFIELD COMMUNITY TOWN HALL TRUST
Establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of Sutton Coldfield Town Hall.
Financial health, per its FY2023 accounts
The accounts state that the charity returned a net loss of £650,897 for the year, resulting in a net balance sheet surplus of £623,688. The trustees acknowledge that the operating model was unsustainable and that systemic failings were exposed due to a lack of senior management. The charity is planning a full organisational review and restructure for the upcoming financial year to address these operational challenges.
What the accounts disclose
“The Trustees recognise that the staffing model for the operational business has been ineffective. Going forward into 2023/24 the Trust expects to complete a full organisational review and implement a restructure. The risk to the operating business through building dilapidation ahead of the Renovation Project remains.” — page 5
“For much of the year we were operating without senior management in place and systemic failings in our core business processes were exposed. Essentially, our operating model had grown beyond the capability of the small business start-up model that the Trust adopted in 2016.”
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- Claire Bridges
- David Pears
- Janet Cairnes
- Kaleem Hussain
- Mark Andrew Roberts
- Richard Howard Mason
- Robin Cook
- Rosemary Walton
- Russell Steele Ludlam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £1.5m | £1.4m |
| 30/04/2024 | £876k | £996k |
| 30/04/2023 | £814k | £881k |
| 30/04/2022 | £712k | £762k |
| 30/04/2021 | £357k | £298k |
Common questions
Is ROYAL SUTTON COLDFIELD COMMUNITY TOWN HALL TRUST financially healthy?
Per its FY2023 accounts: The accounts state that the charity returned a net loss of £650,897 for the year, resulting in a net balance sheet surplus of £623,688. The trustees acknowledge that the operating model was unsustainable and that systemic failings were exposed due to a lack of senior management. The charity is planning a full organisational review and restructure for the upcoming financial year to address these operational challenges. Its FY2023 accounts were independently examined.